A meeting was held with H.E. Luhut Binsar Pandjaitan, the Indonesian Minister for Coordinating Ministry for Maritime Affairs and Investment, with the purpose of enhancing the long-term investment relationship between Kenya and Indonesia. The meeting focused on the importance of collaboration in various key value chains, including livestock, edible oil, textile, and apparel sectors, with the aim of strengthening domestic productive capacity and fostering growth within these sectors.
Hon. Moses Kuria, Cabinet Secretary, and Hon. Abubakar Hassan, Principal Secretary, held a constructive meeting with Hon. Melanie Joly, Canadian Foreign Minister, to discuss strengthening trade partnerships between their respective nations. The primary objective of the meeting was to expedite the implementation of a Bilateral Trade Agreement and a Foreign Investment Protection Agreement, given the significant trade volume between Kenya and Canada, which exceeded $28 billion in 2021.
PS Hassan was pleased to join the CS Hon Moses Kuria in a meeting this morning with stakeholders and investors in the special economic zones sector in our country as we aim to revamp the proposition to better attract investments. They reafirm the committment to creating an enabling environment for investments in our special economic zones.
The ongoing review of the SEZ Act will herald a new dawn in making Kenya globally competitive and a hub for manufacturing.
In a recent meeting, Mr. Abubakar Hassan, PS Investment Promotion, engaged in discussions with Ms. Annette Ssemuwemba Mutaawe, the Deputy Secretary General of Customs, Trade, and Monetary Affairs at the East African Community (EAC). The meeting centered on several key topics aimed at enhancing economic cooperation and investment facilitation within the region.
The key points discussed during the meeting included:
1. Customs Regime under EAC Customs Union
2. Kenya-UK EPA (Economic Partnership Agreement)